Licensing Criteria


Summary of Real Property Appraiser Qualifications:
Appraisal Foundation's Web site for more information.
Click here to read more about upcoming 2015 changes to Real Property Appraiser Qualifications!

 License Category:
 Licensed Residential

 - applies to the appraisal of non-complex one to four  residential units having a transaction value less than  $1,000,000 and complex one to four residential units having  a transaction value less than $250,000

 Current Experience Hours

 2000 Hrs
 *MA: in no less than 24 months
 *VT/RI/ME: in no less than 12 months
 *NH: in no less than 18 months
 *CT: license category not applicable

 Current Specific Appraisal Education

 150 hours of Specific Appraisal education

 Current College Education

 None

 College Education 1/1/2015

 30 semester credit hours of college-level education from an  accredited college, junior college, community college, or  university OR an Associate’s degree or higher (in any field)

 License Category:
 Certified Residential

 - applies to the appraisal of one to four residential units  without regard to transaction value or complexity

 Current Experience Hours

 2500 Hrs
 In no less than 24 months

 Current Specific Appraisal Education

 200 hours of Specific Appraisal education

 Current College Education

 21 semester credit hours in specified collegiate subject  matter courses from an accredited college or university OR  an Associate’s degree or higher

 College Education 1/1/2015

 Bachelor’s degree or higher (in any field) from an accredited  college or university

 License Category:
 Certified General

 - a certified general appraiser may perform appraisals for all  real property without regard to transaction value or complexity

 Current Experience Hours

 3000 Hrs
 in no less than 30 months

 Current Specific Appraisal Education

 300 hours of Specific Appraisal education

 Current College Education

 30 semester credit hours in specific collegiate subject matter  courses from an accredited college or university OR a  Bachelor’s degree or higher

 College Education 1/1/2015

 Bachelor’s degree or higher (in any field) from an accredited  college or university


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Required Core Curriculum:
Trainee:
Basic Appraisal Principles: 30 Hours
Basic Appraisal Procedures: 30 Hours
The 15-Hour National USPAP Course Or Its Equivalent: 15 Hours
Trainee Education Requirements: 75 Hours

Licensed Residential
Basic Appraisal Principles: 30 Hours
Basic Appraisal Procedures: 30 Hours
The 15-Hour National USPAP Course Or Its Equivalent: 15 Hours
Residential Market Analysis And Highest And Best Use: 15 Hours
Residential Appraiser Site Valuation And Cost Approach: 15 Hours
Residential Sales Comparison And Income Approaches: 30 Hours
Residential Report Writing And Case Studies: 15 Hours
Total Licensed Education Requirements: 150 Hours

Certified Residential:
Basic Appraisal Principles: 30 Hours
Basic Appraisal Procedures: 30 Hours
The 15-Hour National USPAP Course Or Its Equivalent: 15 Hours
Residential Market Analysis And Highest And Best Use: 15 Hours
Residential Appraiser Site Valuation And Cost Approach: 15 Hours
Residential Sales Comparison And Income Approaches: 30 Hours
Residential Report Writing And Case Studies: 15 Hours
Statistics, Modeling And Finance: 15 Hours
Advanced Residential Applications And Case Studies: 15 Hours
Appraisal Subject Matter Electives: 20 Hours
Total Certified Residential: 200 Hours

Certified General:
Basic Appraisal Principles: 30 Hours
Basic Appraisal Procedures: 30 Hours
The 15-Hour National USPAP Course Or Its Equivalent: 15 Hours
General Appraiser Market Analysis And Highest And Best Use: 30 Hours
Statistics, Modeling And Finance: 15 Hours
General Appraiser Sales Comparison Approach: 30 Hours
General Appraiser Site Valuation And Cost Approach: 30 Hours